Publication details

Nelineární optimální řízení variantních simulací rozvojových strategií

Title in English Nonlinear optimal-control simulations of development strategies
Authors

VAŠÍČEK Osvald ŠUJAN Ivan

Year of publication 1989
Type Article in Periodical
Magazine / Source Ekonomicko-matematický obzor
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords optimal control; nonlinear systems; simulations;
Description Solution of the optimal control problem for nonlinear systems may be properly approximated by an iterative procedurem in which the optimal control algorithm is subsequently applied to specific linearizations of the original system. Practical application of the optimal control problem of a nonlinear system is demonstrated using a nonlinear econometric model of the Czechoslovak ekonomy, consisting of 32 equations with 74 variables. The authors present the scenarios of the baseline projection and three alternative development strategies for the Czechoslovak economy up to the year 2000, and the results of the optimal control simulations of individual strategies.

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